Absa, Equity Group, KCB Group Mpesa Among 25 Most Admired Financial Brands in Africa in 2021
Three Kenyan brands, Equity Group, KCB Group, and Mpesa, have been ranked among the top 25 most admired financial brands in Africa according to a survey done by Geopoll, Kantar, [...]
Kenya Picks Citi, JP Morgan As Lead Underwriters for its Dollar Sovereign Bond
Kenya has appointed Citi and JP Morgan as joint book-runners for a dollar-denominated sovereign bond issue, and IM Bank and NCBA Group as co-managers. Meetings with investors have already started [...]
NSE lists Sasini Plc As Day's Top Price Gainer
The Nairobi Securities Exchange(NSE) had Sasini Tea and Coffee as the top price gainer when trading ended at the bourse this Tuesday, 15th June 2021. The listed agricultural firm had [...]Equity Group Subsidiary to Receive $50 Million IFC Loan
Equity BCDC, a subsidiary of Equity Group Holdings based in the Democratic Republic of Congo, is set to receive a $50 million (KSh5.4 billion) loan from the International Finance Corporation [...]Sky. Garden, Kenyan E-Commerce Startup Raises US$ 4 Million
Sky. Garden, a Kenyan e-commerce startup, has closed a US$4 million round of Series A funding to accelerate its growth. This platform, launched some four years ago, enables informal dealers, [...]Bilha Ndirangu Resigns As Africa's Talking CEO
After a successful 7-year tenure, Bilha Ndirangu will be stepping down as Africa’s Talking CEO to pursue other interests on the continent. Bilha will continue to serve on the board [...]Super Petrol Prices up As Diesel, Kerosene Hold in June Review
The maximum pump prices for a litre of Super Petrol has increased by KSh 0.77 per litre while that of a litre of Diesel and Kerosene remains unchanged. According to [...]NSE Equity Turnover Declines 74% to Close At KSh 303.3 Million
Nairobi Securities Exchange(NSE) recorded a 74% decline in turnover on the closing day, Monday 14th, 2021. A total of 11,188,400 shares were traded in 1,029 deals. Compared with the previous [...]East Africa Celebrates the Top 10 Women in Banking and Finance
The Angaza Awards; Women to watch in Banking and Finance in East Africa took place Online via Zoom on 8th June 2021. The event was set to celebrate the top [...]Tea Auction Records Drastic Fall in Prices
Theweekly MombasaTea Auction held on 7th, 8th, 9th, and 10th June 2021 had 12.8 million kilograms of tea offered for sale. The amount on offer increased from 12.5 million kilograms [...]
Naivas IFC Partner to Improve Food Safety Standards in its 71 Stores
Kenyan supermarket chain Naivas has partnered with the International Finance Corporation (IFC) to improve food safety standards in its 71 stores to meet international standards. The company recently established an [...]CMA Boss Wyckliffe Shamiah Joins IOSCO Board to represent Emerging Markets
The Capital Market Authority (CMA) Kenya's Chief ExecutiveOfficer, Mr.Wyckliffe Shamiah, has beenappointed theGrowth and Emerging Markets Committee (GEM)representative on theInternational Organization of Securities Commissions (IOSCO)Board. GEMis the largest Committee within [...]
